Asiamet Resources Limited (LON:ARS – Get Free Report)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 0.78 ($0.01) and traded as low as GBX 0.75 ($0.01). Asiamet Resources shares last traded at GBX 0.75 ($0.01), with a volume of 103,841 shares traded.
Asiamet Resources Stock Down 3.1 %
The business’s 50-day moving average price is GBX 0.78 and its 200 day moving average price is GBX 0.75. The company has a market capitalization of £27.93 million, a P/E ratio of -4.53 and a beta of 1.98.
Insider Buying and Selling at Asiamet Resources
In related news, insider Matthew Doube acquired 564,222 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were bought at an average cost of GBX 1 ($0.01) per share, for a total transaction of £5,642.22 ($7,149.29). Insiders own 55.63% of the company’s stock.
Asiamet Resources Company Profile
Asiamet Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Indonesia. The company explores for copper, gold, zinc, lead, and silver deposits. Its flagship project is the BKM copper project, which covers an area of 390 square kilometers located in Kalimantan.
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